CC Resolution No. 06-045
RESOLUTION NO. 06-045
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
ADOPTING AN UPDATED JOBS HOUSING NEXUS STUDY AND NEW MITIGATION
FEES AND DIRECTING STAFF TO DRAFT AN AFFORDABLE HOUSING PROGRAM
ORDINANCE
WHEREAS, the City has conducted a Jobs Housing Nexus Study in 1992; and
WHEREAS, the Housing Element of the 2005 General Plan states that an updated Jobs
Housing Nexus Study shall be conducted; and
WHEREAS, the Keyser Marston and Associated conducted a "Jobs Housing Nexus
Update" pursuant to the State Mitigation Fee Act (Govermnent Code Section 66000, et seq.); and
WHEREAS, the "Jobs Housing Nexus Update" has found that there is a nexus between
new retail, hotel and office/industrial development, the creation of jobs and the demand for very-
low, low, median and moderate income housing for the employees; and
WHEREAS, a fee will can legally be assessed on said development; and
WHEREAS, the fee will be used solely to increase and improve the supply of housing
affordable to very-low, low, median and moderate income employees;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cupertino
hereby approves the aforementioned "Jobs Housing Nexus Update" and directs staff to discuss
and/or amend the impact fee at the City Council meeting in which the fee schedule would be
adopted.
NOW, THEREFORE, BE IT FURTHER RESOLVED that the following uses shall be
exempt from the impact fee, but still required to provide Below Market Rate Housing as part of a
residential development: projects in a redevelopment project area and mixed use projects
providing two thirds residential and one third retail/office.
NOW, THEREFORE, BE IT FURTHER RESOLVED that the City Council directs staff
to prepare an Affordable Housing Program Ordinance detailing the housing impact fees.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 27th day of February 2006 by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN :
Lowenthal, Wang, Kwok, Mahoney, Sandoval
None
None
None
C~~
APPROVED:
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Mayor, City of Cupertino
ATTEST: